1, 2, 3, 4... I declare a trade war
President Trump said he would “always be friends” with China’s leader, but the two countries have been acting anything but these past few days. First, the U.S. slapped China with $50 billion in tariffs. Then, China retaliated with $50 billion in tariffs on U.S. goods, like soybeans and airplanes. Now, the U.S. has replied with $100 billion more. Vox’s Matthew Yglesias explains why this could escalate to a trade war, and really hurt Trump’s base.
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